Posted by Steven f/AZ on May 04, 2009 at 13:03:45 from (216.67.213.217):
In Reply to: OT UAW posted by JML755 on May 04, 2009 at 11:18:03:
JML755 said: (quoted from post at 11:18:03 05/04/09)... financial crisis (sub-prime mortgage meltdown) that led to a credit crisis (couldn't get a car loan even if you WANTED to buy a car)...
Who were these people that "couldn't" get a loan even if they wanted to?
Those of us who managed our credit wisely have been able to get loans, credit cards, mortgages, etc. without a hiccup at all. We walked into the bank and took out a sizeable unsecured personal loan with no trouble at all - the banker even asked, "Are you sure that's all you need?"
I guess I've never figured out where this "credit freeze" actually occurred...
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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